Olympus Corp said on Monday it has agreed to sell its microscope unit to private equity firm Bain Capital for $3bn as the Japanese company focuses its resources on medical technology. The sale of the unit, which also makes industrial endoscopes and x-ray analysers,...
The four largest publicly traded alternative asset managers – Apollo Global Management Inc., Blackstone, Carlyle, and KKR – held roughly $416bn in dry powder at the end of the second quarter, said a study. The quartet aims to take advantage of the same...
Investors in crypto have endured wild moves in recent months, but this has not fazed asset managers who are preparing to use the blockchain technology behind cryptocurrencies to break funds into bite-sized units, or tokens, to sell to small savers. Bitcoin fell 7.7%...
Private equity firm Foresight Group has shed light on its disposal of a provider of service and maintenance of diagnostic imaging equipment, including the size of its return. Last week, Knowsley-based Mi Healthcare was snapped up by Probo Medical, a...
Jaja Finance Ltd has agreed a £250m warehouse lending facility to allow the digital credit card provider to accelerate its growth. The announcement follows the company securing £120m from private equity investors and majority shareholders KKR and TDR five months ago.... 